Roberto Abraham Scaruffi

20 November 2014

	Centrica cuts full-year profit outlook on mild weather, outages Centrica Plc, the biggest energy supplier to U.K. households, cut its full-year earnings outlook because of mild weather and outages at nuclear power plants

	Oil at $75 means patches of Texas lose money for shale drillers With crude at $75 a barrel, the price Goldman Sachs Group Inc. says will be the average in the first three months of next year, 19 U.S. shale regions are no longer profitable, according to data compiled by Bloomberg New Energy Finance

	Another lifetime achievement gong for Sir Ian Wood Sir Ian Wood has added to his growing collection of lifetime achievement honours by winning the top gong at the Oil Council's 2014 Awards of Excellence in London

	Ineos to invest millions in UK shale gas Chemicals giant Ineos is to invest hundreds of millions of pounds in shale gas exploration, giving the industry a huge boost. The company will unveil plans later today to press ahead with its previously announced intention to produce shale gas for its plant in Grangemouth, Scotland

	Another oil major to cut North Sea jobs US firm ConocoPhillips has become the latest oil major to warn of job losses in the UK North Sea, although it refused to say how many or where exactly the axe is likely to fall

	Norway prepared for oil price slump, central bank governor says Norway’s central bank is adapting its policy to ensure plunging crude prices don’t disrupt the economy of western Europe’s biggest oil and gas producer

	50-year warning on carbon emissions The world’s carbon emissions will have to be cut to zero in around half a century to avoid dangerous climate change, the UN has warned. The UN Environment Programme (UNEP) said that carbon emissions from human activities such as burning fossil fuels should hit net zero by between 2055 and 2070 to prevent temperatures rising more than 2C above pre-industrial levels

	OGUK launches projects aimed at stimulating North Sea exploration Oil and Gas UK (OGUK) has launched two new projects aimed at stimulating exploration in the UK North Sea. It has also called for more firms to take part in the 21st Century Exploration Road Map initiative, which aims to create a digital petroleum geology snapshot of the UK continental shelf

	New discovery for CNOOC China oil giant CNOOC has made a discovery in the Eastern South China Sea. The discovery well Lufeng 14-4-4 was drilled and completed at a depth of 4,098 meters and encountered oil pay zones with a production level tested at 1,320 barrels per day

	Spanish authorities detain Greenpeace vessel over Repsol oil protest The Spanish authorities have detained Greenpeace ship Arctic Sunrise after the activist group staged a protest against Repsol’s oil exploration campaign off the Canary Islands